H-beam export prices were stable this week, with steelmakers
still trying to shore up the market.
Export prices for small and
medium-sized boron-containing H-beams were in a range of $600
to $610 per tonne f.o.b. Feb. 28, unchanged from a week
"Transactions are still being
made at $600 to $610 per tonne f.o.b. this week, although
bookings saw a small decrease," an export director at a
producer in Hebei province told AMM sister publication
The steelmaker isnt facing
any sales pressure stemming from lower production due to
maintenance, he added.
However, Shandong-based Laiwu
Steel Group Ltd. held to its higher offers. "We have not given
price discounts for the moment since we need to secure a good
profit margin from all our sales," an export manager at the
steelmaker said. She also noted that spot iron ore prices
hadnt dropped as much as expected to relieve the high
Base export offers for the
product also remained flat at $620 to $630 per tonne f.o.b. for
Current export offers were tracking a softening in the
domestic market, according to the Laiwu Steel export
A version of this article was first published by AMM sister
publication Steel First.